CESifo Working Papers
CESifo working papers are available worldwide through this website, SSRN, RePEc, and EconStor. All papers can be downloaded free of charge.
![Buehne_CESifoWP.jpg](https://cesifo.org/sites/default/files/styles/1_to_1__600x600/public/2019-05/Buehne_CESifoWP.jpg?h=9ee013d6&itok=M1w-ftNl&c=1689235842)
11185 hits:
![Should Faustmann forecast climate change? Should Faustmann forecast climate change?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7636.jpg?c=1689236896)
Should Faustmann forecast climate change?
Working Paper
Should Faustmann forecast climate change?
Johan Gars, Daniel Spiro
CESifo, Munich, 2019
CESifo Working Paper No. 7636
CESifo, Munich, 2019
CESifo Working Paper No. 7636
![Microeconomics of the rebound effect for residential solar photovoltaic systems Microeconomics of the rebound effect for residential solar photovoltaic systems](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7635.jpg?c=1689236884)
Microeconomics of the rebound effect for residential solar photovoltaic systems
Working Paper
Microeconomics of the rebound effect for residential solar photovoltaic systems
Matthew E. Oliver, Juan Moreno-Cruz, Ross C. Beppler
CESifo, Munich, 2019
CESifo Working Paper No. 7635
CESifo, Munich, 2019
CESifo Working Paper No. 7635
![Reciprocity in dynamic employment relationships Reciprocity in dynamic employment relationships](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7634.jpg?c=1689237090)
Reciprocity in dynamic employment relationships
Working Paper
Reciprocity in dynamic employment relationships
Matthias Fahn
CESifo, Munich, 2019
CESifo Working Paper No. 7634
CESifo, Munich, 2019
CESifo Working Paper No. 7634
![Droughts and farms' financial performance in New Zealand: a micro farm-level study Droughts and farms' financial performance in New Zealand: a micro farm-level study](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7633.jpg?c=1689237036)
Droughts and farms' financial performance in New Zealand: a micro farm-level study
Working Paper
Droughts and farms' financial performance in New Zealand: a micro farm-level study
Farnaz Pourzand, Ilan Noy, Yigit Saglam
CESifo, Munich, 2019
CESifo Working Paper No. 7633
CESifo, Munich, 2019
CESifo Working Paper No. 7633
![The seniority structure of sovereign debt The seniority structure of sovereign debt](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7632.jpg?c=1689237184)
The seniority structure of sovereign debt
Working Paper
The seniority structure of sovereign debt
Matthias Schlegl, Christoph Trebesch, Mark L. J. Wright
CESifo, Munich, 2019
CESifo Working Paper No. 7632
CESifo, Munich, 2019
CESifo Working Paper No. 7632
![Spite vs. risk: explaining overbidding Spite vs. risk: explaining overbidding](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7631.jpg?c=1689237087)
Spite vs. risk: explaining overbidding
Working Paper
Spite vs. risk: explaining overbidding
Oliver Kirchkamp, Wladislaw Mill
CESifo, Munich, 2019
CESifo Working Paper No. 7631
CESifo, Munich, 2019
CESifo Working Paper No. 7631
![Macroeconomic effects of capital tax rate changes Macroeconomic effects of capital tax rate changes](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7630.jpg?c=1689237107)
Macroeconomic effects of capital tax rate changes
Working Paper
Macroeconomic effects of capital tax rate changes
Saroj Bhattarai, Jae Won Lee, Woong Yong Park, Choongryul Yang
CESifo, Munich, 2019
CESifo Working Paper No. 7630
CESifo, Munich, 2019
CESifo Working Paper No. 7630
![Population density and urban air quality Population density and urban air quality](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7629.jpg?c=1689236899)
Population density and urban air quality
Working Paper
Population density and urban air quality
Rainald Borck, Philipp Schrauth
CESifo, Munich, 2019
CESifo Working Paper No. 7629
CESifo, Munich, 2019
CESifo Working Paper No. 7629
![The social cost of carbon and inequality: when local redistribution shapes global carbon prices The social cost of carbon and inequality: when local redistribution shapes global carbon prices](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7628.jpg?c=1689236902)
The social cost of carbon and inequality: when local redistribution shapes global carbon prices
Working Paper
The social cost of carbon and inequality: when local redistribution shapes global carbon prices
Ulrike Kornek, David Klenert, Ottmar Edenhofer, Marc Fleurbaey
CESifo, Munich, 2019
CESifo Working Paper No. 7628
CESifo, Munich, 2019
CESifo Working Paper No. 7628
![The turnaround of the Swedish economy: lessons from large business sector reforms The turnaround of the Swedish economy: lessons from large business sector reforms](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7627.jpg?c=1689236997)
The turnaround of the Swedish economy: lessons from large business sector reforms
Working Paper
The turnaround of the Swedish economy: lessons from large business sector reforms
Fredrik Heyman, Pehr-Johan Norbäck, Lars Persson
CESifo, Munich, 2019
CESifo Working Paper No. 7627
CESifo, Munich, 2019
CESifo Working Paper No. 7627
![Tax pass-through in the European beer market Tax pass-through in the European beer market](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7626.jpg?c=1689236972)
Tax pass-through in the European beer market
Working Paper
Tax pass-through in the European beer market
Aria Ardalan, Sebastian G. Kessing
CESifo, Munich, 2019
CESifo Working Paper No. 7626
CESifo, Munich, 2019
CESifo Working Paper No. 7626
![Job displacement insurance and (the lack of) consumption-smoothing Job displacement insurance and (the lack of) consumption-smoothing](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7625.jpg?c=1689237037)
Job displacement insurance and (the lack of) consumption-smoothing
Working Paper
Job displacement insurance and (the lack of) consumption-smoothing
Francois Gerard, Joana Naritomi
CESifo, Munich, 2019
CESifo Working Paper No. 7625
CESifo, Munich, 2019
CESifo Working Paper No. 7625
![Discrimination in hiring based on potential and realized fertility: evidence from a large-scale field experiment Discrimination in hiring based on potential and realized fertility: evidence from a large-scale field experiment](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7624.jpg?c=1689236943)
Discrimination in hiring based on potential and realized fertility: evidence from a large-scale field experiment
Working Paper
Discrimination in hiring based on potential and realized fertility: evidence from a large-scale field experiment
Sascha Becker, Ana Fernandes, Doris Weichselbaumer
CESifo, Munich, 2019
CESifo Working Paper No. 7624
CESifo, Munich, 2019
CESifo Working Paper No. 7624
![Firm expectations and economic activity Firm expectations and economic activity](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7623.jpg?c=1689236864)
Firm expectations and economic activity
Working Paper
Firm expectations and economic activity
Zeno Enders, Franziska Hünnekes, Gernot Müller
CESifo, Munich, 2019
CESifo Working Paper No. 7623
CESifo, Munich, 2019
CESifo Working Paper No. 7623
![How do subnational governments react to shocks to revenue sources? Evidence from Argentina How do subnational governments react to shocks to revenue sources? Evidence from Argentina](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7622.jpg?c=1689237128)
How do subnational governments react to shocks to revenue sources? Evidence from Argentina
Working Paper
How do subnational governments react to shocks to revenue sources? Evidence from Argentina
Martin Besfamille, Diego Jorrat, Osmel Manzano, Pablo Sanguinetti
CESifo, Munich, 2019
CESifo Working Paper No. 7622
CESifo, Munich, 2019
CESifo Working Paper No. 7622
![Market-based monetary policy uncertainty Market-based monetary policy uncertainty](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7621.jpg?c=1689237052)
Market-based monetary policy uncertainty
Working Paper
Market-based monetary policy uncertainty
Michael D. Bauer, Aeimit Lakdawala, Philippe Mueller
CESifo, Munich, 2019
CESifo Working Paper No. 7621
CESifo, Munich, 2019
CESifo Working Paper No. 7621
![The sword and the shield: the economics of targeted sanctions The sword and the shield: the economics of targeted sanctions](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7620.jpg?c=1689237048)
The sword and the shield: the economics of targeted sanctions
Working Paper
The sword and the shield: the economics of targeted sanctions
Daniel P. Ahn, Rodney D. Ludema
CESifo, Munich, 2019
CESifo Working Paper No. 7620
CESifo, Munich, 2019
CESifo Working Paper No. 7620
![Savings externalities and wealth inequality Savings externalities and wealth inequality](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7619.jpg?c=1689237175)
Savings externalities and wealth inequality
Working Paper
Savings externalities and wealth inequality
Konstantinos Angelopoulos, Spyridon Lazarakis, Jim Malley
CESifo, Munich, 2019
CESifo Working Paper No. 7619
CESifo, Munich, 2019
CESifo Working Paper No. 7619
![Kalòs kai agathòs? Government quality and cultural heritage in the regions of Europe Kalòs kai agathòs? Government quality and cultural heritage in the regions of Europe](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7618.jpg?c=1689237165)
Kalòs kai agathòs? Government quality and cultural heritage in the regions of Europe
Working Paper
Kalòs kai agathòs? Government quality and cultural heritage in the regions of Europe
Enrico Bertacchini, Federico Revelli
CESifo, Munich, 2019
CESifo Working Paper No. 7618
CESifo, Munich, 2019
CESifo Working Paper No. 7618
![Non-horizontal mergers with investments into compatibility Non-horizontal mergers with investments into compatibility](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7617.jpg?c=1689236918)
Non-horizontal mergers with investments into compatibility
Working Paper
Non-horizontal mergers with investments into compatibility
Gregor Langus, Vilen Lipatov, Jorge Padilla
CESifo, Munich, 2019
CESifo Working Paper No. 7617
CESifo, Munich, 2019
CESifo Working Paper No. 7617